This seems like the central issue right now for the franchise. Coaching staff and O-line are also important, but we all know the big reason we suck post-Manning is because of the QB position.
Might as well talk about it. Any of you who haven't read the SI article "Elway is looking for himself" might take a peek.
Beginning in 2011, there have been 104 quarterbacks drafted. Many others have joined rosters or practice squads as UDFA. Elway picked his first QB in 2012 and most recent in 2019.
These are the QBs he and his staff arrived upon as the best options for the franchise:
Brock Os - 2012, #57
Zac Dysert - 2014, ~#250
Trevor Siemian - 2015, ~#250
Paxton Lynch - 2016, #26
Chad Kelly - 2017, ~#250
Drew Lock - 2019, #42
UDFA - Caleb Hanie, Kyle Sloter, Brett Rypien (only ones I can recall)
These are notable options that were available when Elway and his team picked a QB early (Osweiler, Lynch, Lock), but were not chosen in favor of Elway's pick:
2012 - Russell Wilson, Nick Foles, Kirk Cousins
2016 - Christian Hackenberg, Jacoby Brissett, Cody Kessler, Connor Cook, Dak Prescott
2019 - Minshew
Select other QBs during this 2011-2019 era that were overlooked by the Broncos when the Broncos had the opportunity to select them:
Andy Dalton
Tyrod Taylor
Colin Kaep
Jimmy G
Derek Carr
Sean Mannion
DeShone Kizer
Josh Allen
Josh Rosen
Lamar Jackson
Mason Rudolph
The Broncos never had a chance at many of the QBs that came off the board #1 or #2--e.g., Andrew Luck, Cam Newton, Marcus Mariotta, Jameis Winston, Jared Goff (I actually spelled it Goof at first, thx Shane), Carson Wentz, Trubisky, Mayfield, and Kyler Murray.
Broncos could probably have packaged and dealt to get: Mahomes, Watson, Darnold, Daniel Jones, and Dwayne Haskins
I'm just laying out some facts if anyone finds them useful for forming opinions. I don't have a good objective opinion yet.
I do have a highly subjective view that Osweiler and Lynch were terrible draft picks and the full brunt of that failure is what currently plagues the franchise.